|Bid||29.340 x 500|
|Ask||29.350 x 400|
|Day's range||29.135 - 29.580|
|52-week range||21.020 - 35.680|
|PE ratio (TTM)||13.64|
|Earnings date||24 May 2018|
|Forward dividend & yield||0.97 (3.23%)|
|1y target est||34.27|
Gap (GPS) shows immense strength in a tough market situation, backed by a focus on enhancing product quality and the responsiveness to changing consumer trends.
Of the 15 analysts covering Abercrombie & Fitch (ANF) on April 11, 2018, 47% recommended “hold,” 20% recommended “buy,” and 33% recommended “sell.” There have been no price revisions in the last 30 days. Analysts’ 12-month average target price for Abercrombie & Fitch stock is $22, suggesting a 21.7% downside based on its April 11 price.
As of April 11, 2018, apparel retailer Abercrombie & Fitch (ANF) had a 12-month forward PE (price-to-earnings) ratio of ~36.0x, much higher than peers’ and the S&P 500’s. American Eagle Outfitters (AEO), Urban Outfitters (URBN), and Gap (GPS) had ratios of 14.8x, 17.0x, and 11.6x, respectively, while the S&P 500’s ratio was 16.9x.
Apparel retailers’ margins remain troubled due to a highly promotional environment. Let’s study apparel retailers’ performance last year.
Analysts expect Abercrombie & Fitch’s (ANF), American Eagle Outfitters’ (AEO), Urban Outfitters’ (URBN), and Gap’s (GPS) adjusted EPS (earnings per share) to benefit from the tax reform enacted in 2017. However, the retailers may have weak margins. Analysts expect the following: Abercrombie & Fitch’s adjusted EPS to grow 21.5% to $0.79 in fiscal 2018 American Eagle Outfitters’ adjusted EPS to grow 24.1% to $1.44 in fiscal 2018 Urban Outfitters’ adjusted EPS to grow 44.6% to $2.27 in fiscal 2019 Gap’s adjusted EPS to grow 23.5% to $2.63 in fiscal 2018
Analysts have turned bullish on apparel retailers, with investments in digital sales channels and merchandise overhauls now paying off. Analysts expect Abercrombie & Fitch (ANF) to report 1.8% sales growth to $3.6 billion in fiscal 2018. The company has guided for low-single-digit net sales growth. However, with one fewer week in 2018 than in 2017, its top line could be impacted. Nonetheless, in fiscal 2018, foreign exchange is expected to add $50 million to Abercrombie’s sales, and the company expects to spend $45 million on the development of omnichannel capabilities and loyalty ...
Abercrombie & Fitch’s (ANF), American Eagle Outfitters’ (AEO), and Urban Outfitters’ (URBN) stocks have risen, with the companies’ strategic initiatives gaining traction. Their strategies include focusing on digital sales, revamping merchandise, and improving operational efficiency.
Hibbett Sports (HIBB) remains well positioned to gain from the growth of omni-channel capabilities, improved Rewards members, and small market strategy and inventory management initiatives.
The Gap (GPS) reported earnings 30 days ago. What's next for the company? We take a look at earnings estimates for some clues.
Gap, Inc. (GPS) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Despite tariff-induced concerns and ensuing agitation, it is too early to be apprehensive, especially since apparel manufacturers and shoemakers have been performing well for the last few years.
Following Express’s (EXPR) fiscal 4Q17 results on March 14, 2018, all six analysts covering the stock maintained their “hold” ratings. There has also been no price revision activity for Express stock since the earnings announcement. Currently, analysts’ 12-month average target price for Express stock is $9.90, which reflects a 37.5% upside to the stock as of March 16, 2018.
The S&P 500 index was down more than 1.5% in early afternoon trading Monday as Facebook's (FB) steep declines dragged tech stocks lower. Nevertheless, several notable S&P companies remained in the green. Check out why a few of these stocks were able to fight that battle on Monday!
The chain is Old Navy, and its parent is Gap (GPS), whose long-slumping shares have returned 40% over the past year, compared with 17% for the Standard & Poor’s 500. One reason is that last quarter, Old Navy grew sales at longstanding stores by a whopping 9%. Compare that with one of investors’ few darlings among big clothing chains, Ross Stores (ROST), whose same-store sales grew 5% last quarter.
American Eagle Outfitters reported fiscal 4Q17 results on March 8, 2018. There has been no other price revision activity, but there might be some changes in the coming days. Currently, analysts’ 12-month average target price for the company is $20.12, which reflects a 2.5% upside to its stock price on March 12, 2018.